According to Cognitive Market Research, the global Horse Insurance Market size was USD 552.9million in 2024. It will expand at a compound annual growth rate (CAGR) of 10.20%from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 221.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.4 % from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 165.87 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD127.17 107.99 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 27.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6 % from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 11.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9 % from 2024 to 2031.
The Medical surgery category is the fastest growing segment of the Horse Insurance industry